Sidney K

I'm a:	Real Estate Professional
Location:	Temecula Murrieta Menifee
Web sites:	Temecula CA Homes for Sale
Phone:	951-676-4663

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Sidney K's Answers (2)

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Asked Tue Aug 5 2008, 19:37 by At - All locations - Home Buying - 3 answers

Sidney K answered:

Corporate owned is not the same as Bank Owned.
Most Corp owned properties are properties were a relocation company has purchased the home as part of an employee buyout package. Many companies will offer a key employee a buyout of their present home as part of a relocation promotion. I have found the pricing on Corp owned homes to be ok but not as low as the REO homes in our area (Riverside Ca. ). - Tue Aug 5 2008, 19:51

I AM RENTING A HOUSE RIGHT NOW AND I WENT TO GO AND PAY THEM RENT THE OTHER DAY BUT JUST BEFORE I DID I GOT

Asked Tue Aug 5 2008, 15:43 by Heath - Canyon Lake - Foreclosure - 4 answers

Sidney K answered:

As long as the landlord still owns the home he can charge rent and is allowed to collect it from you.
If it is going to sale this month I would not pay rent.
Call the Owner,the sale date will not be news to him/her.
They will most likly work with you and should allow you to stay with no more rent payments.
If it does go back to the bank they by law have to give you 60 days to vacate.
Kiss you deposit bye bye,but 3 months of free rent should exceed the amount of your deposit. - Tue Aug 5 2008, 18:00

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